Dukes of London receives private equity investment
Dukes Global has received a significant investment from private equity firm Agathos to support growth including expansion globally.
Douglas Grays, Dukes’ CEO, will continue to lead the business and drive the growth of both the UK and Asian operations with the support of Stuart Shepherd, Sales Director. The Agathos team will provide financial, strategic and operational support to Dukes’ management team.
Ray Peck has joined as Chairman, bringing 29 years of senior management experience in UK and European office products, print management and marketing services. He said: “The investment will give Dukes a strong base from which to grow. The move now cements Dukes as not only a strong, thriving business but it will also give the business the opportunity to further expand its footprint globally.”
Douglas added: “We are delighted to have Agathos on board. Their expertise in helping businesses grow will support our continued expansion in Europe and Asia.”